A grounding grid plays the role of discharging current and balancing voltage to ensure the safety of the power system. However, soil corrosion can damage the grounding grid, which then can endanger the safe operation of power system. This paper reviewed recent research advances of soil corrosion of grounding grid. The cause, mechanism, types, and influencing factors of soil corrosion of grounding grids were summarized, and the corresponding detection technology and protective measures were also introduced. The paper pointed out that soil corrosion is a serious threat to the grounding grid system. Moreover, the impact mechanism of AC stray current, new corrosion detection technology, and better protective measures still need in-depth research.